Jack,
You're doing a killer job here. No nonsense, no BS.
Can I throw CLST into your basket of possibilities?
This was originally a technical pick of Stans, but I have been following it very closely since November. IMO, this is a fundamentally strong, growth oriented, and profitable company with a bright future.
CLSTÿÿ9 9/16
CellStar Corporation is a global company focused on providing distribution and value-added services to wireless carriers and manufacturers in direct relationships. With operations in the North American Region, the Asia-Pacific Region, the Latin American Region and the European Region, CellStar is one of the world's largest non-carrier wholesale distributors of wireless handsets for major manufacturers.
cellstar.com
Profitable Company with good institutional ownership.
biz.yahoo.com Ten Institutional Holders of CLST
Shares Value
LORD ABBETT & CO 4,037,303 $41,132,043
SAFECO CORPORATION 1,601,585 $16,316,948
PRUDENTIAL INSURANCE
CO OF AMERICA 982,900 $10,013,785
LEGG MASON INC. 839,150 $8,549,260
DIMENSIONAL FUND ADVISORS INC 814,700 $8,300,164
AXA FINANCIAL, INC. 675,400 $6,880,975
GARDNER LEWIS ASSET
MANAGEMENT, INC. 630,300 $6,421,496
KENNEDY CAPITAL MANAGEMENT, INC. 623,300 $6,350,180
BARCLAYS BANK PLC 563,382 $5,739,736
CALPERS (CALIFORNIA-PUBLIC
EMPLOYEES RETIREMENT SYSTEM) 508,100 $5,176,523
VITAL STATS
--------------------------------
Market Capitalization $593.0M
Shares Outstanding 60.0M
Float 21.6M
Price/Book (mrq) 2.62
Price/Earnings (ttm) 24.03
Price/Sales (ttm) 0.28
Sales(ttm) $2.29B
Shares Short 2.15M
Percent of Float 9.9%
Shares Short
(Prior Month) 2.06M
Short Ratio 2.43
Daily Volume 884.0Khttp://biz.yahoo.com/p/c/clst.html
I have hesitated until now to mention this one because of a 4Q earnings warning posted by the company last month.
biz.yahoo.com
However, the stock has been holding its own regardless of the warning. Today was the official earnings release.
biz.yahoo.com
If you have time, please take a look.
I'm already long at an average in the low $7's.
Your fundamental analysis would be appreciated.
Regards,
B |
